Apostle House | 245 Intendencia St
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Apostle House 245 Intendencia St
2,479 SF 100% Leased Office Building Pensacola, FL 32502 $1,325,000 ($534/SF)
Investment Highlights
- Prime Seville Historic District location with a rare, large 0.34-acre lot. Ample Parking: 15+ spaces, including handicap-accessible ramp.
Executive Summary
Historic Apostle House: A Unique Opportunity for 1031 Exchange
Step into Pensacola’s storied past with the Apostle House, a magnificent two-story building constructed in 1872 and located in the highly sought-after Seville Historic District. Currently leased as an office space with a reliable tenant until December 2026, this property presents a prime opportunity for a 1031 exchange.
The property sits on a generous 0.34-acre lot, with over 15 parking spaces and handicap accessibility, ensuring ease of use for any future tenant or owner while maintaining the site's historic integrity. The layout is ideal, featuring three spacious rooms on the upper floor and four on the main level, along with a practical kitchen area complete with a sink, counter, and cabinetry for storage.
With a solid lease income of $4,100/month, this 2,479 square-foot property provides stability and growth potential for investors. The lease encompasses both floors of the Apostle House, blending historical charm with modern functionality. Original heart pine floors, decorative fireplaces, and impressive 12-foot ceilings create an ambiance of elegance and prestige that is both captivating and inviting.
Whether you're interested in preserving it as a commercial space or transforming it into an elegant private residence, the Apostle House offers a rare chance to invest in a historic property in a vibrant location.
Step into Pensacola’s storied past with the Apostle House, a magnificent two-story building constructed in 1872 and located in the highly sought-after Seville Historic District. Currently leased as an office space with a reliable tenant until December 2026, this property presents a prime opportunity for a 1031 exchange.
The property sits on a generous 0.34-acre lot, with over 15 parking spaces and handicap accessibility, ensuring ease of use for any future tenant or owner while maintaining the site's historic integrity. The layout is ideal, featuring three spacious rooms on the upper floor and four on the main level, along with a practical kitchen area complete with a sink, counter, and cabinetry for storage.
With a solid lease income of $4,100/month, this 2,479 square-foot property provides stability and growth potential for investors. The lease encompasses both floors of the Apostle House, blending historical charm with modern functionality. Original heart pine floors, decorative fireplaces, and impressive 12-foot ceilings create an ambiance of elegance and prestige that is both captivating and inviting.
Whether you're interested in preserving it as a commercial space or transforming it into an elegant private residence, the Apostle House offers a rare chance to invest in a historic property in a vibrant location.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$49,200
|
$19.85
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$49,200
|
$19.85
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $49,200 |
| Annual Per SF | $19.85 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $49,200 |
| Annual Per SF | $19.85 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,479 SF
Building Class
B
Year Built
1872
Price
$1,325,000
Price Per SF
$534
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,240 SF
Slab To Slab
9’
Building FAR
0.17
Lot Size
0.34 AC
Zoning
HC1 - HC1
This zoning allows for a mix of commercial, office, and residential uses.
Section 12-3-10 of Pensacola Municipal City Code.
Parking
15 Spaces (6.05 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- SunVilla
- -
- 2,479 SF
- -
- Modified Gross
- Nov 2026
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| SunVilla | - | 2,479 SF | - | Modified Gross | Nov 2026 |
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Walk Score ®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 00-0S-00-9004-006-013 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $583,731 |
PROPERTY TAXES
Parcel Number
00-0S-00-9004-006-013
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$583,731
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Apostle House
Apostle House | 245 Intendencia St
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